VC firms
AZ-VC was built out of necessity to fill the void that existed in terms of capital sources for post-revenue companies looking to expand beyond seed-level financing. Without local financing options, these companies relied on venture capitalists outside of Arizona in places like Silicon Valley, Salt Lake City, Denver and elsewhere.
Fundraising is always hard – it’s even harder when you are from out-of-town.
In 2020, invisionAZ and its Chairman Jack Selby, made an announcement to lead the charge to create the largest venture capital fund in the state’s history. Anchored with $25M from Pinnacle West Capital Corporation, AZ-VC (formerly invisionAZ Fund) began to take shape.
In collaboration with prominent members of the Arizona community, this historic milestone has been achieved, demonstrating the inertia and conviction behind Arizona’s thriving tech ecosystem.
Fundraising is always hard – it’s even harder when you are from out-of-town.
In 2020, invisionAZ and its Chairman Jack Selby, made an announcement to lead the charge to create the largest venture capital fund in the state’s history. Anchored with $25M from Pinnacle West Capital Corporation, AZ-VC (formerly invisionAZ Fund) began to take shape.
In collaboration with prominent members of the Arizona community, this historic milestone has been achieved, demonstrating the inertia and conviction behind Arizona’s thriving tech ecosystem.
Overview
Employees
1-10
Founded date
2021
Investment Type
Venture Capital
Portfolio 1
| Date | Name | Website | Total Raised | Location |
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Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Feb 12, 2026 | Bearing Closes $4.5M Seed Funding | Bearing, a Scottsdale, AZ-based physical security operations software company built natively on ServiceNow, raised $4.5M in Seed funding. The round was led by AZ-VC, with participation from High Alpha, PHX Ventures and Lightbank. The compan... |
| Jul 10, 2025 | ALTR: $5 Million Seed Raised For Alcohol Removal Technology | ALTR, a beverage technology company, has raised $5 million in seed funding to commercialize its innovative alcohol removal technology. Its proprietary “Flavor-First” process creates premium low-alcohol drinks that maintain a whole sensory e... |
| Jul 18, 2024 | BLUETAIL ANNOUNCES INNOVATIVE PRODUCT PLANS AMIDST UNPRECEDENTED GROWTH | Bluetail is the leading modern aircraft records platform in the maintenance information management space. AZ-VC is Arizona's largest venture capital fund. We target proven, post-revenue local companies, cherry-pick the best and brightest, a... |
| Mar 28, 2024 | The Journey Venture Studio Announces Strategic Collaboration with Valleywise Health and Additional Board Members | The Journey Venture Studio announces partnership with Valleywise Health. The Non-Profit Venture Studio Partners with the Local Healthcare System to Provide Aspiring, Diverse Entrepreneurs with New Opportunities to Build Disruptive Healthcar... |
| Nov 17, 2022 | Jack Selby of Thiel Capital is using a new VC fund to invest in Arizona startups | Jack Selby, a former PayPal exec and the longtime managing director of Thiel Capital who attracted some attention years back for his low-key largesse, has a new, $110 million venture fund that he intends to invest mostly in his adopted stat... |
| Oct 17, 2022 | AZ-VC Closes First Fund, at $110M | AZ-VC (formerly invisionAZ Fund), a Phoenix, AZ-based venture capital firm, closed its first fund, at $110m. The fund is backed by an almost Arizona-exclusive list of LPs, many of whom will be actively engaged as advisors in helping source,... |
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FAQ about AZ-VC
When was AZ-VC founded?
AZ-VC was founded in 2021.
How many startups has AZ-VC invested in?
AZ-VC has 1 portfolio company on Parsers VC.
What has the press written about AZ-VC?
Parsers VC has collected 7 articles mentioning AZ-VC, among them “Bearing Closes $4.5M Seed Funding” (Feb 12, 2026) and “ALTR: $5 Million Seed Raised For Alcohol Removal Technology” (Jul 10, 2025).
Is AZ-VC still active?
Yes, AZ-VC is active; its latest activity on Parsers VC dates from Feb 15, 2026.